World Oil Executive Forecast 2013

Invitation only event on 1-25-13, forecasting the oil & gas industry business for 2013. Its going to be a great year, and the perfect time to develop new business within the oil & gas vertical.

Transcript of Session –

Hey. It’s Mark LaCour. Ready to learn some more about the oil and gas industry?

[Music]

Yesterday, we were fortunate enough to attend a very exclusive event. It was invitation-only. It’s the World Oil Executive Summary 2013.

For the forty second straight year it was held in the beautiful River Oaks Country Club in Houston, Texas. And in a nutshell, this is just a great time to be in this industry. We’ve had two consecutive years of high activity in this industry despite the BP Macondo disaster. 2013 is expected to be another just great year for the oil and gas industry.

We’re looking at US drilling will rise 5.2%, the footage drill will increase 6.5%. Gulf of Mexico in the US drilling will resume back to pre-Macondo levels. Canada is to grow 7.5%, global drilling is going to up another 3.5%, and at least another 7.2% in offshore drilling globally.

What that means bottom line is there’s a lot of activity there’s a lot of money over $800 billion will be spent globally by the oil and gas industry. So this is just a great time if your company is looking to break in to actually make the move. The oil and gas industry is open, they need help, and if you have a product or service that will solve a business issue for them this is the time to jump in.